CHENNAI: South Australia is establishing a permanent water industry relationship with India after being selected as the International Partner of Choice for the Confederation of Indian Industry (CII) Water Institute, based in Jaipur.

 

This information came to light when South Australia’s Premier Mike Rann witnessed the launch of the partnership and the signing of a memorandum of unders

CAPITALS: Saudi state-owned Saline Water Conversion Corporation (SWCC) has awarded a 2.44 billion US dollar power plant contract to a group led by China's Sepco III Electric Power Construction Corporation, an industry source said on Tuesday. The group, which includes Saudi Arabia's Al-Arrab Contracting Co, will build a 2,400 megawatt (MW) plant that will be integrated with a water desalination facility in Ras Azzour, on Saudi Arabia's Gulf coast. Sepco III and Al-Arrab's bid was the lowest.

"A le...

General Electric Company (India) and PepsiCo (India) are among twelve finalists selected for the United States Secretary of State’s prestigious 2010 Award for Corporate Excellence (ACE).

The companies were chosen from a “record number” of 78 nominations submitted by American ambassadors around the world, a primary qualification for nomination being the requirement that the companies were international business leaders who recognised the role of U.S. businesses abroad as good corporate citizens.

Re...

Hitachi on Tuesday unveiled its new range of external hard drives, promising perfect storage solutions for users. The LifeStudio family of hard drives offers storage capacity ranging from 250GB and 2TB (terabyte) and priced between Rs.4,400 and Rs.10,900. “With the new LifeStudio family, the company is breaking through the long-established confines of the category and is delivering an external drive that combines highly reliable storage and new levels of data protection with content organisation...

KEC International has signed a definitive agreement to acquire 100 per cent of SAE Towers Holdings LLC from an entity affiliated with Acon Investments LLC, a Washington-based private equity for $95 million on a cash free, debt free basis.

The transaction is expected to close this month. SAE at present has 750 employees and they will continue with the company. The deal will make KEC the largest player in transmission towers world-wide.

SAE Towers is headquartered in Houston, Texas, and is a leading...